Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-06-08-Speech-3-422-500"
| Predicate | Value (sorted: default) |
|---|---|
| rdf:type | |
| dcterms:Date | |
| dcterms:Is Part Of | |
| dcterms:Language | |
| lpv:document identification number |
"en.20110608.20.3-422-500"2
|
| lpv:hasSubsequent | |
| lpv:speaker | |
| lpv:spokenAs | |
| lpv:translated text |
"Contracts are the fundamental links in relationships between companies and consumers. The European Union’s Single Market is founded on a variety of contracts regulated by various national-level bodies of law. These differences in contract law discourage companies, and small and medium-sized enterprises (SMEs) in particular, from dedicating themselves to cross-border trade, thus preventing them from accessing the new opportunities and income offered by the Internal Market. Furthermore, consumers are disadvantaged by limited choice, high prices and lower quality because of weak cross-border competition. It should be noted, for example, that only 8% of consumers buy online from other Member States. This report, which I voted for, advocates the need for an Optional Instrument (OI) for European-level contract law in the form of a regulation.
This will enable consumers to enjoy better protection under the umbrella of European contract law, and better security when they make cross-border transfers. For their part, companies – SMEs in particular – will find it easier and less costly to conclude contracts under the umbrella of a common body of EU contract law."@en1
|
Named graphs describing this resource:
The resource appears as object in 2 triples